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Enclosure #2 <br /> <br /> Council Members <br /> Mark A. Crabtree, Mayor <br />M. Gene Teague, Vice-Mayor <br />Bruce H. T. Dallas <br /> J. Ronald Ferrill <br /> Terry L. Roop <br /> <br />Martinsville <br /> A CITY WITHOUT LIMITS <br /> <br />RESOLUTION <br /> <br /> City Manager <br />Earl B. Reynolds, Jr. <br /> <br /> City Attorney <br /> David B. Worthy <br /> <br /> Clerk of Council <br />Johnathan B. Phillips <br /> <br />WHEREAS, the City of Martinsville, Virginia, wishes to join with other political subdivisions <br />to establish the Virginia Municipal Self-Insurance Association ("Association") to create pools to <br />jointly and cooperatively self-insure and to pool separate risks and liabilities of the individual <br />members pursuant to the terms of Title 15.2, Section 2700-2709 of the Code of Virginia; and <br /> <br />WHEREAS, through such Association, the City of Martinsville wishes to join with other <br />political subdivisions to create the Virginia Municipal Liability Pool ("Pool") whereby members <br />can jointly pool funds to provide the necessary anticipated financing for commercial general <br />liability, automobile liability, and automobile physical damage; and <br /> <br />WHEREAS, such Pool is licensed by the Bureau of Insurance of the State Corporation <br />Commission; and <br /> <br />WHEREAS, the City of Martinsville has been provided with the following documents which <br />provide a prototype of the responsibilities of the members of the Pool and the amount and terms <br />of the coverage to be provided: <br /> <br />Membership Agreement (7/01/00) including the following exhibits: <br /> <br /> a. Exhibit 1 - Sample declaration pages and coverage forms (7/01/00). <br /> <br /> b. Exhibit 2 - Virginia Municipal Self-Insurance Association Constitution and By-Laws <br /> (7/01/95). <br />now, therefore, <br /> <br />BE IT RESOLVED by the Council of the City of Martinsville, Virginia, in special session <br />assembled July 5, 2001, that it does hereby certify its intention to become a member of the Pool <br />beginning July 1, 2001 for the current Pool year and for two additional consecutive Pool years <br />thereafter; <br /> <br />2. Such membership is contingent upon: <br /> <br />a. Final approval of the Member Agreement and of the membership of the City of <br /> Martinsville by the Association's Members' Supervisory Board, or its designee. <br /> <br /> b. Payment of $ or the first year contribution as well as an additional $100.00 <br /> membership fee to the Pool pursuant to the quotation submitted $ or such <br /> final amount as mutually agreed upon by the member and the Association or their <br /> respective designees. <br /> <br />55 West Church Street P.O. Box t 112 Martinsville, VA 24114-1112 540-656-5180 540-656-5280 <br /> www.ci.martinsville.va.us <br /> <br /> <br />